Search form

Organic growth

Clients

Natural environment

Public affairs

Investors

Local communities

Employees

Social contribution

﻿

We are aware of the role we play for our stakeholders and the responsibility that rests with us. This is why we are pursuing an ambitious investment programme to fully use the potential of our core business for the sake of national energy security and to create value for shareholders in the long run.

Development of conventional energy will continue to be an important strategic direction for our Group. We want this to be based on the latest and most efficient technologies. (More infomation in Strategic directions)

Chart presenting demand for capacity in the national power system, showing that our flagship investment projects - Opole and Turów - will operate in the base formula.

We are analysing other investments in conventional energy, based on a new market model, e.g. construction of new capacities at Elektrownia Dolna Odra. We are carrying out essential modernisations at our power plants and CHP plants so that they are in compliance with BAT industrial emission standards.

We see the potential that comes from investing in cogeneration. Stricter emission standards for medium combustion sources require modernisations and investment in heating sources. We intend to take this opportunity and increase our engagement in this segment in strict cooperation with local government and clients.

By building modern energy assets, we are engaging in the development of new technologies, innovations and their commercialisation. (More infomation in Innovations and R + D Academia)

Renewable energy sources are also an important element of our organic growth. PGE intends to participate in the development of "green energy" in Poland. We want to be the market leader in this area. Our aspiration, included in our updated strategy, is to secure approx. 25% share of domestic renewables production by 2030. One of the strategic options in this regard is the construction of offshore wind farms. (More information in Strategic options)

Investments being implemented in the distribution area will result in a reduction by 2020 (compared to 2015) of SAIDI and SAIFI indexes by 56%, and the average customer connection time by 40%.

In 2016-2020, we plan to spend approx. PLN 34 billion on investments (In 2016, we spent PLN 8.2 billion on our investment objectives). After 2020, we will be pursuing an investment programme dependent on the selected strategic options and in line with existing regulations for the power market.

New conventional and renewable capacities will reinforce PGE Group's position on the energy generation market. PGE Group's objective is to secure a 40% share of the electricity generation market in Poland by 2020.

work progress: contracts executed with key contractors (concerning construction of IOS and deNOx and certain non-contract tasks) General contractors for IOS and SCR are currently preparing basic design documentation and documents to obtain construction permits